Requlred Information Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 242,400 $ 114,400 $ 86,000 $ 302,400 Expected Activity 12,000 MHS 220 setups 2 products 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Z 3,800 180 Product Y 8,200 40 1 8,200 3,800 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your Intermedlate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost
Requlred Information Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 242,400 $ 114,400 $ 86,000 $ 302,400 Expected Activity 12,000 MHS 220 setups 2 products 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Z 3,800 180 Product Y 8,200 40 1 8,200 3,800 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your Intermedlate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter18: Activity-based Costing
Section: Chapter Questions
Problem 2PA: The management of Gwinnett County Chrome Company, described in Problem 1A, now plans to use the...
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